72-38-403. Trusts created in other jurisdictions. A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which, at the time of creation:
(1) the settlor was domiciled, had a place of abode, or was a national;
(2) a trustee was domiciled or had a place of business; or
(3) any trust property was located.
History: En. Sec. 52, Ch. 264, L. 2013.
Structure Montana Code Annotated
Title 72. Estates, Trusts, and Fiduciary Relationships
Chapter 38. Montana Uniform Trust Code
Part 4. Creation, Validity, Modification, and Termination of Trust
72-38-401. Methods of creating trust
72-38-402. Requirements for creation
72-38-403. Trusts created in other jurisdictions
72-38-405. Charitable purposes -- enforcement
72-38-406. Creation of trust induced by fraud, duress, or undue influence
72-38-408. Trust for care of animal
72-38-409. Noncharitable trust without ascertainable beneficiary
72-38-410. Modification or termination of trust -- proceedings for approval or disapproval
72-38-411. Modification or termination of irrevocable trust by consent
72-38-414. Modification or termination of uneconomic trust
72-38-415. Reformation to correct mistakes